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255 Broadway STREET W
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Yorkton · Single Family · under $100,000 · 2+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Located on Broadway Street, this property is full of potential for the right buyer willing to put in some TLC. Whether you’re looking for a revenue property, renovation project, first home, or future commercial opportunity, this property offers plenty of possibilities. The owner may choose to keep it as a residential property or explore future commercial use thanks to the high-visibility location and steady traffic exposure. Inside, the home features 3 bedrooms and a 4-piece bathroom on the main floor. The living and dining areas are open to each other and overlook the backyard, while the kitchen is conveniently located just off the dining space. A single attached garage provides direct entry into the home. The basement is partially developed with plumbing already in place for a future bathroom. Outside, the property sits on a good-sized lot with back lane access and potential for additional parking in the rear. The home does need updates and repairs, but it offers a solid opportunity for someone with vision to bring it back to life and build equity along the way. If you’ve been searching for a fixer-upper with great potential in a high-exposure location, this could be the one. Bring your ideas, tools, and creativity and unlock the possibilities this property has to offer! As per the Seller’s direction, all offers will be presented on 06/05/2026 12:30PM. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Other | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | — | |
| Living room | — | |
| Dining room | — | |
| Kitchen | — | |
| Bedroom | — | |
| 4pc Bathroom | — | |
| Bedroom | — | |
| Bedroom | — |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
120.72%
Cap rate
29.01%
GRM
3.0
Break-even rent
$600
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 8, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.